https://acocommercial.com/wp-content/uploads/2018/03/ACO-Commercial-Arranges-Sale-of-Lincoln-Avenue-Retail-Property-to-All-Cash-Buyer.jpg 768 1024 Jeff Baer https://acocommercial.com/wp-content/uploads/2019/06/ACO-BLUE-HELV.png Jeff Baer2015-02-12 21:48:582019-08-22 09:51:04ACO Commercial Arranges Sale of Lincoln Avenue Retail Property to All-Cash Buyer
ACO Commercial Arranges Sale of Lincoln Avenue Retail Property to All-Cash Buyer
CHICAGO, ILLINOIS – Thursday, February 12, 2015
ACO Commercial is pleased to announce the sale of 5767-5775 N. Lincoln Avenue in Chicago’s West Ridge Neighborhood. The property consists of 5,545 SF of single-story retail on a 6,400 SF land parcel.
George J. Toscas, Executive Vice President arranged the sale of the site on behalf of a West Coast private equity firm. At the time of sale, the property was vacant, with significant deferred maintenance. ACO identified a user for the property, who closed the transaction on an all-cash, as-is basis. The sale represented a price per foot of $54.10.
ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.